Good morning.
I wrote earlier this week that a sizable minority of Fortune 500 CEOs responding to our recent survey (48%) welcome the political pushback against ESG, and believe that environmental, social and governance goals (ESG) have been “unduly impacting business decisions.”
But not so for investors, employees and consumers. A survey out from USC and Weber Shandwick this week found nine out of 10 investors and seven out of 10 consumers and employees believe businesses “have a responsibility to play a role in addressing societal problems.” The majority of all three groups agreed ESG ratings were useful in making investing and buying decisions, or when taking a new job.
